| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.87% |
| NAV | ₹1748.89 (25 Sep 2020) |
|---|---|
| Fund Started | 05 Mar 2008 |
| Fund Size | ₹677 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.0% |
| Reserve Bank of India | Financial | T-Bills | 7.4% |
| AU Small Finance Bank Ltd. | Financial | CD | 5.1% |
| ICICI Bank Ltd. | Financial | CD | 3.7% |
| Axis Bank Ltd. | Financial | CD | 3.7% |
| GOI | Sovereign | GOI Sec | 3.0% |
| L&T Finance Ltd. | Financial | Debenture | 3.0% |
| HDB Financial Services Ltd. | Financial | Bonds/NCD | 2.3% |
| Vedanta Ltd. | Metals | NCD | 2.1% |
| Reliance Industries Ltd. | Energy | Debenture | 1.9% |
Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 05 Mar 2008. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Regular Savings Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹677 Cr and the Latest NAV as of 25 Sep 2020 is ₹1748.89.
The Mirae Asset Savings Fund Regular Savings Plan Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.